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Friday, October 26, 2012

Quarterly results from Apple show record revenue and profit

Apple has published financial results for the fourth quarter of its financial year, with quarterly revenue up 27% year-on-year to $36.0 billion (£22.4 billion) and quarterly net profit up 24% to $8.2 billion.

Sales of iPhones were up 58% on the same period in 2011 to 26.9 million handsets, while iPad sales of 14 million were up 26%. In addition, 4.9 million Mac computers were sold (up 1%) and 5.3 million iPods (down 19%).

Tim Cook, Apple’s CEO, said “We’re very proud to end a fantastic fiscal year with record September quarter results. We’re entering this holiday season with the best iPhone, iPad, Mac and iPod products ever, and we remain very confident in our new product pipeline.”

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Author: The Fonecast
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Categories: Handsets and manufacturers, NewsNumber of views: 2060

Tags: apple ipad iphone ipod

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